He is an expert on energy strategy and economics, described as “one of the energy world’s great minds”. he led major consulting assignments and for a variety of international oil companies on Los Angeles business development

A combination of breezy and sunny weather in the north and warm weather in the south saw Germany’s May 1 holiday weekend powered almost exclusively by renewable resources, according to the Agora Energiewende Initiative.

Most of Germany’s coal-fired power stations were not even operating on Sunday April 30th, with renewable sources accounting for 85 per cent of electricity across the country. Nuclear power sources, which are planned to be completely phased out by 2022, were also severely reduced.

Patrick Graichen of Agora Energiewende said days like April 30 would be “completely normal” by 2030, as the federal government’s Energiewende (energy transition) initiative continues to add value to the wealth of resources invested in it.

A document released by Germany’s government on Thursday showed that money spent on research into energy in Germany has more than doubled since 2006.

Origin Energy has set a stunning new benchmark for renewable energy off-take deals in Australia – and sounded the alarm for energy incumbents – after committing to a long-term power purchase agreement of below $60/MWh for the 530MW Stockyard Hill Wind Farm in Victoria.

Under the terms of the deal, Origin will sell Stockyard Hill Wind Farm – Australia’s largest wind development – to Chinese company and wind turbine manufacturer Goldwind for $110 million.

At the same time it has agreed to buy all of the power generated by it, and the associated Renewable Energy Certificates, for less than $60/MWh, from the commencement of operations in 2019 to 2030.

RenewEconomy understands that the strike price for the wind farm output is “well below” $60/MWh and closer to $50/MWh than $60/MWh.

When Elon Musk introduced the Model 3 last year, the excitement was palpable; hardly a surprise given that Tesla enthusiasts had been waiting years to see what the company’s more affordable version of the Model S was going to look like. And with a pricepoint of just $35,000, reservations for Tesla’s mass market EV began skyrocketing almost immediately.

Just 24 hours after the Model 3 was introduced to the world, Musk indicated that the cumulative number of reservations had surpassed 180,000. About 12 hours after that, Musk took to Twitter and said that the number of Model 3 reservations — which require a refundable $1,000 deposit — had reached 276,000.

A few weeks later, word surfaced that Model 3 reservations were approaching 400,000 and that the car was effectively sold out through mid-2018. In fact, with so many pre-orders on the books, there’s a strong chance that anyone who puts an order in for a Model 3 today won’t receive the car until late 2018 at the absolute earliest.

In a telling statement, Musk said that Model 3 “reservations continue to climb week after week.” That’s quite an impressive feat, especially given that Tesla, as Musk proudly pointed out, has done no advertising for the car and provides no test drives.

By the time Midwesterners fire up their furnaces this fall, the $2 billion Nexus pipeline is supposed to be pumping natural gas to heat homes from frosty Ohio to frostier Ontario. But six months out, the 255-mile (410-kilometer) pipeline exists only on paper.

Until President Donald Trump fills key vacancies at an energy regulator, Nexus and other sprawling energy projects are in limbo, unable to secure permits to begin construction. For Nexus developers DTE Energy Co. and Spectra Energy Partners LP, each week that passes threatens the project’s ability to meet winter demands.

Nexus is just part of at least $50 billion worth of ventures slowed or stalled while the agency that approves them, the Federal Energy Regulatory Commission, awaits presidential appointments. For the first time in FERC’s 40-year-history, the agency doesn’t have enough commissioners for a quorum to vote on project applications.

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Published by germanjamison

He established Qamar Energy to meet the need for regionally-based v energy insight and investment. He is an expert on energy strategy and economics, described as “one of the energy world’s great minds”. he led major consulting assignments and for a variety of international oil companies on Los Angeles business development, integrated gas and power generation and renewable energy. German authored the ground-breaking study Sunrise in the Desert: Solar becomes commercially viable in MENA, on solar power competitiveness in the Gulf
View all posts by germanjamison

German Jamison

He established Qamar Energy to meet the need for regionally-based v energy insight and investment. He is an expert on energy strategy and economics, described as “one of the energy world’s great minds”. he led major consulting assignments and for a variety of international oil companies on Los Angeles business development, integrated gas and power generation and renewable energy. German authored the ground-breaking study Sunrise in the Desert: Solar becomes commercially viable in MENA, on solar power competitiveness in the Gulf